Yulin, Huayou Cobalt - Nickel sulphate refinery project

Having been constructed by Huayou cobalt, the Yulin project is located in Yulin city, Guangxi province, China. The project is 100% owned by Huayou cobalt. As of 2021, the project is still under construction. The project is expected to commission its first phase in 2023, targeting a nickel sulphate capacity of 50.0ktpa contained Ni, 50.0ktpa high-nickel NCM cathode materials and 100.0ktpa high-nickel NCM precursor. Wood Mackenzie’s asset reports are built from the bottom up, incorporating several granular data metrics to ultimately produce our industry-standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.